Skills & Competencies for Inventory Control Analyst IV

Inventory Control Analyst IV job profile

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JOB SUMMARY for Inventory Control Analyst IV

Controls inventory of finished goods needed to fullfill forecasted sales and scheduled distribution plans.

JOB RESPONSIBILITIES for Inventory Control Analyst IV

Monitors and updates master schedule to reflect inventory turnover, stocking decisions, forecasting, and administrative controls. Analyzes inventory levels, production speed, product demand, and shipment schedules that determine reorder levels and ensure product availability and minimize inventory costs. Maintains and updates inventory system. Creates and reviews reports to identify trends or issues and to support or inititate actions or adjustments.

Inventory Control Analyst IV SALARY RANGE

BASE 50%
$106,254
TOTAL 50%
$114,292
Job Level
P04
Job Code
MM18000171
Education/Degree
Bachelor's Degree
Reports To
Supervisor or Manager

Inventory Control Analyst IV Skills and Competencies List

Proficiency Levels and Behavioural Indicators
Salary.com identifies five increasing levels of proficiency for each skill/competency. Some jobs require only a relatively low level of proficiency in each skill/competency, while other jobs will require a more advanced level of proficiency in the same skill/competency. These levels rate the degree of proficiency (skill level, expertise) we expect the incumbent to perform in the given skill/competency for the given job. Note that we intentionally do not associate timeframes or years of experience in performing the skill/competency because that can be misleading. Proficiency levels identify what the incumbent knows and can do rather than how long they have been doing it. Also, note that the proficiency levels are cumulative, e.g., a level 4 proficiency implies the ability to perform all the behaviors at the lower levels.
Check each Inventory Control Analyst IV skill and competencie below to view definitions.
JOB FAMILY COMPETENCIES CORE COMPETENCIES
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12 general skills or competencies (Job family competencies) for Inventory Control Analyst IV

1 Job Family Competencies – Enterprise Resource Planning (ERP)
Proficiency Level -3
Skill definition-Managing and integrating business processes with a single system through an ERP system software to eliminate redundancies and boost productivity.
Level 1 Behaviors
(General Familiarity)
Lists the functions and features of various ERP-based planning tools.
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Level 2 Behaviors
(Light Experience)
Supports the implementation of ERP solutions to meet organizational and business priorities.
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Level 3 Behaviors
(Moderate Experience)
Participates in integrating ERP systems with other systems and platforms in our business.
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Level 4 Behaviors
(Extensive Experience)
Recommends industry-specific changes to enhance the ERP system in reducing data errors and business risks.
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Level 5 Behaviors
(Mastery)
Leads the implementation of enterprise resource plans to integrate core business processes and applications.
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2 Job Family Competencies – ERP Systems
Proficiency Level -3
Skill definition-Leveraging advanced tools and software systems to automate and manage core business functions cost-effectively to maximize performance.
Level 1 Behaviors
(General Familiarity)
Explains how ERP systems operate through an organization.
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Level 2 Behaviors
(Light Experience)
Supports the implementation of ERP systems to manage daily business activities.
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Level 3 Behaviors
(Moderate Experience)
Utilizes computing fundamentals and principles in integrating functional requirements into ERP systems.
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Level 4 Behaviors
(Extensive Experience)
Oversees data cleanup for all existing items in ERP systems to increase process efficiency.
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Level 5 Behaviors
(Mastery)
Stays current on the latest technologies and platforms to improve the ERP system and meet business needs.
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3 Inventory Control Analyst IV - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Inventory Control Analyst IV
Proficiency Level - 4
5 Competency for - Inventory Control Analyst IV
Proficiency Level - 5

7 soft skills or competencies (core competencies) for Inventory Control Analyst IV

1 Core Competencies – Key Performance Indicators (KPI)
Proficiency Level -3
Skill definition-Knowledge of and ability to apply a set of quantifiable measurements to determine how effectively an individual, team or organization is achieving a business objective.
Level 1 Behaviors
(General Familiarity)
Lists some typical KPIs from own industry, business, and function.
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Level 2 Behaviors
(Light Experience)
Produces standard and ad-hoc KPI reports following standard procedures.
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Level 3 Behaviors
(Moderate Experience)
Participates in regular KPI reviews to evaluate goals, performance, and growth opportunities.
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Level 4 Behaviors
(Extensive Experience)
Works with external stakeholders, such as key clients and vendors to determine complicated KPIs.
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Level 5 Behaviors
(Mastery)
Monitors the efficiency and effectiveness of current organizational KPI architecture.
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2 Core Competencies – Attention to Detail
Proficiency Level -4
Skill definition-Executing and completing a task with a high level of accuracy.
Level 1 Behaviors
(General Familiarity)
Lists the traits of an employee showing great attention to detail.
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Level 2 Behaviors
(Light Experience)
Utilizes specific approaches and tools for checking and cross-checking outputs.
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Level 3 Behaviors
(Moderate Experience)
Uses tools to organize and monitor work progress.
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Level 4 Behaviors
(Extensive Experience)
Manages training to improve staffs' concentration and attention to detail.
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Level 5 Behaviors
(Mastery)
Learns from previous works' strengths and weaknesses to guide new projects.
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3 Inventory Control Analyst IV - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Inventory Control Analyst IV
Proficiency Level - 4
5 Competency for - Inventory Control Analyst IV
Proficiency Level - 5

Summary of Inventory Control Analyst IV skills and competencies

There are 0 hard skills for Inventory Control Analyst IV.
12 general skills for Inventory Control Analyst IV, Enterprise Resource Planning (ERP), ERP Systems, Bill of Materials, etc.
7 soft skills for Inventory Control Analyst IV, Key Performance Indicators (KPI), Attention to Detail, Honesty And Integrity, etc.
While the list totals 19 distinct skills, it's important to note that not all are required to be mastered to the same degree. Some skills may only need a basic understanding, whereas others demand a higher level of expertise.
For instance, as a Inventory Control Analyst IV, he or she needs to be skilled in Key Performance Indicators (KPI), be skilled in Attention to Detail, and be skilled in Honesty And Integrity.

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